During his European tour, Prime Minister Narendra Modi’s visit to the Netherlands yielded an agreement in the tech sector: India’s Tata Electronics signed an $11 billion deal with Dutch technology giant ASML. As Europe’s largest technology company by market value, ASML will provide advanced lithography machines and technical support to...
VINCI Expands Mobility Footprint in India
VINCI Highways, a subsidiary of France's VINCI Concessions, signed an agreement with Sydney, Australia-based Macquarie Asia Infrastructure Fund, to acquire the Safeway Concessions portfolio in India. This portfolio comprises nine toll highway concessions in India's States of Andhra Pradesh, in south-east India, and Gujarat, in the west of the country....
India’s Reliance Builds Gigantic Solar Farm
Reliance Industries Limited, (India's most valuable company by market capitalization) just announced that it is developing the world’s largest single-site solar project across 859 square miles of arid land in Kutch, Gujarat — an area three times the size of the country of Singapore. Courtesy: Mapsofindia Chairman Mukesh Ambani announced...
India’s L&T Wins $288 Million Order for LNG Equipment
Headquartered in Mumbai, Indian company Larsen & Toubro secured a major order for Liquefied Natural Gas (LNG) equipment for a project in the USA. Worth up to $288 million, this is one of the largest LNG project orders the company has received. In recent years the United States has become...
Sysmex Expands Manufacturing Capabilities in India
Sysmex Corporation a Japanese company based in Kobe, announced the completion of a factory at Sanand , Gujarat. This unit is the first in the Sysmex Group capable of producing both reagents and instruments, and boasts the largest floor area of any Sysmex location outside Japan. The new facility is...
Taiwan’s PSMC to Assist in Building India’s Semiconductor Fab
A new agreement between Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) and India's Tata Electronics marks a significant milestone in India's semiconductor industry. This partnership, signed in New Delhi, will establish India's first 12-inch wafer fabrication facility in Dholera, Gujarat. The collaboration involves technology transfer and workforce training, positioning India to...